Portfolio development: Moving the needle
A well-rounded portfolio is known to generate ROA and the focus is often on selling new products to new members. The goal is to make the new credit union member happy and eager to participate [...]
Posts Tagged ‘cardholder’
How credit unions can leverage #data in credit card portfolios
Most businesses, including community financial institutions (FIs), are still abuzz with talk of big data. Many of them have even taken the next step and begun to utilize that data. In fact, a recent survey [...]
5 ways credit unions can mitigate card-not-present fraud
Widespread EMV chip card adoption is expected to drive down card-present fraud in the U.S. This was the experience in Canada and the UK, which have already noted dramatic reductions in counterfeit card fraud [...]
EMV: Where things stand now that the shift has occurred
As you know, to combat payment card fraud and encourage the timely implementation of EMV chip cards, card brands set Oct. 1, 2015, as the fraud liability shift date for all magnetic-stripe point-of-sale transactions. While [...]
Fraud protection with PINless debit on the rise
Credit unions can expect an increasing number of PINless debit transactions coming their way, resulting in reduced interchange fee revenue and presenting some important challenges regarding member incentives. PINless debit transactions at the POS have [...]
The next wave in digital fraud prevention
Counterfeit credit card artists know the score. EMV chip cards are coming to the United States, and very soon the business of duplicating plastic – an $11 billion business – will be all but extinct. Yet, these [...]